IDEX completed the acquisition of STC Material Solutions from Artemis for $206m.

IDEX, a provider of applied solutions and serves niche markets, completed the acquisition of STC Material Solutions, an integrated provider of advanced material science solutions from Artemis, a fund manager, for $206m. “STC Material Solutions fits our growth strategy well, with strong IDEX qualities, including great teams with technical and domain expertise who develop and build highly-engineered products that command a premium. STC expands our growing material science expertise, affording opportunities to collaborate with other IDEX critical components businesses on comprehensive solution sets for customers,” Eric Ashleman, IDEX CEO and President.